Intercontinental Exchange (Ice)
Blurring the lines
A turf war between Atlanta’s IntercontinentalExchange and the New York Mercantile Exchange reveals a shift in the traditional role of over-the-counter brokers and exchanges, finds Catherine Lacoursière
Ice opens doors to futures exchange traders
Atlanta-based commodities exchange IntercontinentalExchange (Ice) has received approval from the US Commodity Futures Trading Commission (CFTC) permitting registered traders and locals with floor or electronic trading privileges on any regulated US…
Ice sues Nymex over alleged abuse of monopoly power
Energy trading platform Intercontinental Exchange (Ice) is suing its rival, the New York Mercantile Exchange (Nymex), over alleged abuse of monopoly power in the energy trading markets.
Nymex to launch OTC trading platform
The New York Mercantile Exchange (Nymex) said it plans to introduce a trading platform designed for over-the-counter energy market participants in January, with beta tests beginning next week.
Nymex sues Ice as battle for market supremacy mounts
The New York Mercantile Exchange (Nymex) is suing IntercontinentalExchange (Ice), the Atlanta-based online commodities trading platform, for alleged copyright infringement, a Nymex spokeswoman told RiskNews . Nymex and Ice have been fighting for…
Ice addresses energy trading market concerns with two new hires
Atlanta-based online commodities exchange IntercontinentalExchange (Ice), has appointed two new directors as part of its plans to address concerns about the health and legitimacy of the energy trading markets. Ann Cresce has been appointed assistant…
eSpeed settles patent dispute with CBOT and CME
eSpeed, a subsidiary of interdealer broker Cantor Fitzgerald and developer of electronic trading technology, has settled its lawsuit against the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT) over infringement on patented…
Duke says Ferc probe unrelated to Australian investment curb
Duke Energy International (DEI) today denied speculation that its curb in Australian pipelines investments was related to US Federal Energy Regulatory Commission (Ferc) investigations into US parent Duke Energy’s alleged round-trip trades on the…
Ice to launch clearing for UK natural gas
Energy trading platform IntercontinentalExchange (Ice) is to begin clearing its UK over-the-counter natural gas contract on September 12.
ICE to offer power clearing
Atlanta-based commodities market-place IntercontinentalExchange (ICE) and the Board of Trade Clearing Corporation (the Clearing Corporation) are to offer clearing services for the most actively traded over-the-counter US power products beginning at the…
ICE to buy Enron’s back-office architecture
Atlanta-based commodities market-place the IntercontinentalExchange (ICE) plans to acquire the assets of CommodityLogic, a collection of back-office software and hardware, from bankrupt energy trader Enron. The purchase and sale agreement is subject to…
Nymex sets margins for OTC clearing
The New York Mercantile Exchange (Nymex) has set margins for the 25 over–the-counter derivatives contracts it will be clearing from May 31.
ICE expands into European power markets
Atlanta-based electronic energy and commodities trading platform the Intercontinental Exchange (ICE) is set to trade UK, German and French power derivatives.
ICE aims to sell energy and metals market data
The Intercontinental Exchange (ICE), the Atlanta-based electronic commodity and derivatives market, aims to sell price data and other information services to the energy and metals markets.
ICE names Spencer as CFO
Atlanta-based commodities exchange, the IntercontinentalExchange (ICE), has made Richard Spencer its chief financial officer, a newly created role. ICE has also created an office of the chairman to manage the exchange’s rapid growth. The office of the…
ICE moves into UK gas and power market
Atlanta-based electronic energy and commodities trading exchange, the Intercontinental Exchange (ICE), is introducing its trading platform into the UK gas and power markets.
ICE enters weather risk market
IntercontinentalExchange (ICE), the Atlanta-based electronic commodity market-place, has launched weather derivatives on its trading system. ICE said its weather derivative products would provide energy market participants with a valuable tool for…
ICE promotes Marcial to CTO
Atlanta-based online commodities exchange, IntercontinentalExchange (ICE), has promoted Edwin Marcial from vice-president, technology, to senior vice-president and chief technology officer. ICE says the appointment emphasises the importance of its…
ICE to offer OTC clearing via London
The IntercontinentalExchange (ICE), a leading operator of over-the-counter (OTC) markets for oil, gas, power and metals, has teamed up with the London Clearing House (LCH) to offer OTC derivatives clearing to clients.